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capacity as members

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › capacity as members

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
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  • October 24, 2017 at 7:16 am #413015
    adarsh1997
    Participant
    • Topics: 646
    • Replies: 282
    • ☆☆☆☆

    Hi Mike!

    1.Could you explain the term ” capacity as members”
    2. I do have watched your lectures but still has some issues understanding why Eley could not rely in the articles. Please explain it?

    October 24, 2017 at 7:48 am #413016
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23352
    • ☆☆☆☆☆

    In the context of Eley, the expression “capacity as members” means that Eley could only rely on the contract within the Articles in so far as his interests had been harmed AS A MEMBER and not on the grounds that his interests had been harmed AS THE COMPANY’S SOLICITOR

    Does that do it for you?

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